Top Ships Inc (TOPS)

[SmellMyFinger]

Why would the company do yet another R/S at the current PPS, which as of yesterday was $6.45?

The third of three options for shareholders to vote on regarding the annual meeting on 11/22/23 is:

3. To approve of one or more amendments to the Company's Amended and Restated Articles of Incorporation, as amended, to effect one or more reverse stock splits of the Company's issued common shares at a ratio of not less than one-for-two and not more than one-for-250 and in the aggregate at a ratio of not more than one-for-250, inclusive.